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SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Oct. 31, 2020
SHARE-BASED COMPENSATION [Abstract]  
Summary of Restricted Stock Awards Activity

A summary of restricted stock award activity during fiscal year 2020 and the status of our outstanding restricted stock awards as of October 31, 2020, is presented below:

Restricted Stock
 
Shares
   
Weighted-Average
Fair Value at
Grant Date
 
             
Outstanding at October 31, 2019
   
640,113
   
$
9.70
 
Granted
   
538,000
   
$
15.08
 
Vested
   
(271,347
)
 
$
10.90
 
Cancelled
   
(94,450
)
 
$
12.41
 
Outstanding at October 31, 2020
   
812,316
   
$
12.55
 
Expected to vest as of October 31, 2020
   
770,778
   
$
12.48
 
Assumptions Used to Calculate Weighted-Average Grant Date Fair Value of Options

There were no stock option awards granted during fiscal year 2020. The weighted-average inputs and risk-free rate of return ranges used to calculate the grant-date fair value of stock options granted during fiscal years 2019 and 2018 are presented in the following table:

Year Ended
 
October 31,
2019
October 31,
2018
Expected volatility
33.1%
31.7%
Risk-free rate of return
2.5 – 2.9%
2.2 – 2.8%
Dividend yield
0.0%
0.0%
Expected term
5.1 years
5.0 years
Summary of Stock Options Activity

The table below presents a summary of stock options activity during fiscal year 2020 and information on stock options outstanding at October 31, 2020.

Options
 
Shares
   
Weighted-
Average
Exercise Price
 
Weighted-
Average
Remaining
Contractual Life
 
Aggregate
Intrinsic Value
 
Outstanding at October 31, 2019
   
2,170,767
   
$
9.00
         
Granted
   
-
     
-
         
Exercised
   
(493,450
)
 
$
7.94
         
Cancelled and forfeited
   
(56,200
)
 
$
10.33
         
Outstanding at October 31, 2020
   
1,621,117
   
$
9.27
 
4.6 years
 
$
1,778
 
Exercisable at October 31, 2020
   
1,366,864
   
$
9.21
 
4.2 years
 
$
1,651
 
Vested and expected to vest as of October 31, 2020
   
246,055
   
$
9.61
 
7.3 years
 
$
123